BSEAshoka Refineries LtdMinimalNeutral
Announced Tue, 21 Apr · 17:06 IST
Claims exemption from Annual Secretarial Compliance Report under Reg 24A
Compliance View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Ashoka Refineries informs BSE it is exempt from filing the Annual Secretarial Compliance Report for FY ended March 31, 2026, under SEBI LODR Regulation 24A. It qualifies for exemption under Regulation 15(2) as its paid-up equity capital (Rs 3.40 crore) and net worth (Rs 2.58 crore) as on March 31, 2025 fall below the Rs 10 crore and Rs 25 crore thresholds respectively. Net worth computation shows negative reserves and surplus of Rs 82 lakh, indicating accumulated losses.
Likely market impact
Confirms small-cap status. Negative reserves of ~Rs 82 lakh flag persistent losses. Exemption reduces compliance costs but signals limited scale.